SHARE
High Speed Steel Hss Tools Market

High Speed Steel (HSS) Tools Market Forecasts to 2028 – Global Analysis By Fabrication (Coated, Non-Coated), Tool Type (Round Bits, Rotary Burrs), End User (Furniture & Carpentry, Oil & Gas) and By Geography

4.2 (51 reviews)
Published: October 2021 ID: SMRC21043
4.2 (51 reviews)
Published: October 2021 ID: SMRC21043

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global High Speed Steel (HSS) Tools Market is accounted for $5.19 billion in 2020 and is expected to reach $9.54 billion by 2028 growing at a CAGR of 7.9% during the forecast period. Efficiency and interoperability of HSS tools and increasing investments in mechanical equipment are the major factors propelling the market growth. However, HSS tools are less effective at creating good quality surface finishes is hampering the market growth.

High-speed steel contains a set of tool steel alloys named for their ability to cut materials faster than traditional high-carbon steels formerly used in cutting tools. This is on account of exceptional hardness, abrasion resistance, and resistance against softening at high temperatures, due to the alloying metals and heat treatment used.

Based on the end user, the automotive and transportation segment is estimated to have a lucrative growth due to the huge amount of capital to develop the automotive and transportation sector, with the influx of EVs and hybrids. Moreover, advancements in the production of automotive vehicles and their parts have created a huge scope for the application of HSS tools in this segment.

By geography, North America is going to have a huge demand during the forecast period due to the rising domestic manufacturing sector output indices and the emergence of DIY-based power tools. In addition, prominent end-use sectors such as the automotive and construction sectors in the U.S are expected to drive the market.

Some of the key players profiled in the High Speed Steel (HSS) Tools Market include CERATIZIT S.A., Gühring KG, Kennametal Inc., KYOCERA Corporation, Mitsubishi Materials Corporation, OSG Corporation, RUKO GmbH, Sandvik AB, Stanley Black & Decker, Inc, Sumitomo Electric Hartmetall GmbH, TDC Cutting Tools Inc., Tiangong International Co. Ltd., TTI Group, Walter AG, YG-1 Co., Ltd.
 
Fabrications Covered:
• Coated
• Non-Coated

Tool Types Covered:
• Drill Taps    
• Mills    
• Countersinks  
• Drills   
• Cutters   
• Reamers   
• Drill Blanks and Sets  
• Square Tool Bits  
• Counterbores  
• Round Bits  
• Rotary Burrs  
• Hole Saws  

Configurations Covered:
• Machine Based
• Hand Based

End User Covered:
• Metal Fabrication
• Automotive and Transportation
• Heavy Machinery
• Construction
• Furniture & Carpentry
• Oil & Gas
• Do It Yourself (DIY)
• Other Manufacturing

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary           
            
2 Preface           

 2.1 Abstract          
 2.2 Stake Holders          
 2.3 Research Scope          
 2.4 Research Methodology          
  2.4.1 Data Mining         
  2.4.2 Data Analysis         
  2.4.3 Data Validation         
  2.4.4 Research Approach         
 2.5 Research Sources          
  2.5.1 Primary Research Sources         
  2.5.2 Secondary Research Sources         
  2.5.3 Assumptions         
            
3 Market Trend Analysis           
 3.1 Introduction          
 3.2 Drivers          
 3.3 Restraints          
 3.4 Opportunities          
 3.5 Threats          
 3.6 End User Analysis          
 3.7 Emerging Markets          
 3.8 Impact of Covid-19          
            
4 Porters Five Force Analysis           
 4.1 Bargaining power of suppliers          
 4.2 Bargaining power of buyers          
 4.3 Threat of substitutes          
 4.4 Threat of new entrants          
 4.5 Competitive rivalry          
            
5 Global High Speed Steel (HSS) Tools Market, By Fabrication           
 5.1 Introduction          
 5.2 Coated           
 5.3 Non-Coated          
            
6 Global High Speed Steel (HSS) Tools Market, By Tool Type           
 6.1 Introduction          
 6.2 Drill Taps          
  6.2.1 Combo Taps         
  6.2.2 Fluteless Taps         
  6.2.3 Hand Taps         
  6.2.4 Machine Taps         
  6.2.5 Round Dies         
  6.2.6 Spiral Flute Taps         
  6.2.7 Spiral Point Taps         
  6.2.8 Taper Pipe Taps         
 6.3 Mills          
  6.3.1 Threaded Mills         
  6.3.2 Hollow Mills          
  6.3.3 End Mills         
 6.4 Countersinks          
  6.4.1 Deburring Countersinks         
  6.4.2 Single Flute Based         
  6.4.3 Three Flute Based         
 6.5 Drills          
  6.5.1 Aircraft Extension Drills         
  6.5.2 Central Drills         
  6.5.3 Double Ended Body Drill         
  6.5.4 Extra Length Drill         
  6.5.5 Parallel Shank Drills         
  6.5.6 Sheet Drill         
  6.5.7 Slot Drills         
  6.5.8 Slow Helix         
  6.5.9 Spade Drills          
  6.5.10 Spiral Drill         
  6.5.11 Spot Drills         
  6.5.12 Step Drills         
  6.5.13 Straight Flute Drill         
  6.5.14 Straight Shank Drills         
  6.5.15 Taper Pin Drills         
  6.5.16 Taper Shank Drills         
  6.5.17 Worm Pattern Drills         
 6.6 Cutters          
  6.6.1 Annular Cutter         
  6.6.2 Back Spot Face Cutters         
  6.6.3 Corner Rounding Cutter         
  6.6.4 Dovetail Cutter         
  6.6.5 Routing Cutters         
  6.6.6 Single Flute Deburring Cutter         
  6.6.7 Slot Cutters         
  6.6.8 Woodruff Cutters         
 6.7 Reamers          
  6.7.1 Angle Reamer         
  6.7.2 Ball Pin Reamers         
  6.7.3 Chucking Reamers         
  6.7.4 Diemaker Based Reamers         
  6.7.5 Drill Reamers         
  6.7.6 Extra Length Reamers         
  6.7.7 Socket Reamers         
  6.7.8 Sprue Bush Reamers         
  6.7.9 Taper Shank Bridge Reamer         
 6.8 Drill Blanks and Sets          
 6.9 Square Tool Bits          
 6.10 Counterbores          
 6.11 Round Bits          
 6.12 Rotary Burrs          
 6.13 Hole Saws          
            
7 Global High Speed Steel (HSS) Tools Market, By Configuration           
 7.1 Introduction          
 7.2 Machine Based          
 7.3 Hand Based          
            
8 Global High Speed Steel (HSS) Tools Market, By End User           
 8.1 Introduction          
 8.2 Metal Fabrication          
 8.3 Automotive and Transportation          
  8.3.1 Aerospace         
  8.3.2 Marine         
  8.3.3 Automotive         
  8.3.4 Railways         
 8.4 Heavy Machinery          
 8.5 Construction          
 8.6 Furniture & Carpentry          
 8.7 Oil & Gas          
 8.8 Do It Yourself (DIY)          
 8.9 Other Manufacturing          
            
9 Global High Speed Steel (HSS) Tools Market, By Geography           
 9.1 Introduction          
 9.2 North America          
  9.2.1 US         
  9.2.2 Canada         
  9.2.3 Mexico         
 9.3 Europe          
  9.3.1 Germany         
  9.3.2 UK         
  9.3.3 Italy         
  9.3.4 France         
  9.3.5 Spain         
  9.3.6 Rest of Europe         
 9.4 Asia Pacific          
  9.4.1 Japan         
  9.4.2 China         
  9.4.3 India         
  9.4.4 Australia         
  9.4.5 New Zealand         
  9.4.6 South Korea         
  9.4.7 Rest of Asia Pacific         
 9.5 South America          
  9.5.1 Argentina         
  9.5.2 Brazil         
  9.5.3 Chile         
  9.5.4 Rest of South America         
 9.6 Middle East & Africa          
  9.6.1 Saudi Arabia         
  9.6.2 UAE         
  9.6.3 Qatar         
  9.6.4 South Africa         
  9.6.5 Rest of Middle East & Africa         
            
10 Key Developments           
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures          
 10.2 Acquisitions & Mergers          
 10.3 New Product Launch          
 10.4 Expansions          
 10.5 Other Key Strategies          
            
11 Company Profiling           
 11.1 CERATIZIT S.A.          
 11.2 Gühring KG          
 11.3 Kennametal Inc.          
 11.4 KYOCERA Corporation          
 11.5 Mitsubishi Materials Corporation          
 11.6 OSG Corporation          
 11.7 RUKO GmbH           
 11.8 Sandvik AB          
 11.9 Stanley Black & Decker, Inc          
 11.10 Sumitomo Electric Hartmetall GmbH          
 11.11 TDC Cutting Tools Inc.          
 11.12 Tiangong International Co. Ltd.          
 11.13 TTI Group          
 11.14 Walter AG          
 11.15 YG-1 Co., Ltd.          


List of Tables            
1 Global High Speed Steel (HSS) Tools Market Outlook, By Region (2019-2028) ($MN)           
2 Global High Speed Steel (HSS) Tools Market Outlook, By Fabrication (2019-2028) ($MN)           
3 Global High Speed Steel (HSS) Tools Market Outlook, By Coated (2019-2028) ($MN)           
4 Global High Speed Steel (HSS) Tools Market Outlook, By Non-Coated (2019-2028) ($MN)           
5 Global High Speed Steel (HSS) Tools Market Outlook, By Tool Type (2019-2028) ($MN)           
6 Global High Speed Steel (HSS) Tools Market Outlook, By Drill Taps (2019-2028) ($MN)           
7 Global High Speed Steel (HSS) Tools Market Outlook, By Combo Taps (2019-2028) ($MN)            
8 Global High Speed Steel (HSS) Tools Market Outlook, By Fluteless Taps (2019-2028) ($MN)           
9 Global High Speed Steel (HSS) Tools Market Outlook, By Hand Taps (2019-2028) ($MN)           
10 Global High Speed Steel (HSS) Tools Market Outlook, By Machine Taps (2019-2028) ($MN)           
11 Global High Speed Steel (HSS) Tools Market Outlook, By Round Dies (2019-2028) ($MN)           
12 Global High Speed Steel (HSS) Tools Market Outlook, By Spiral Flute Taps (2019-2028) ($MN)            
13 Global High Speed Steel (HSS) Tools Market Outlook, By Spiral Point Taps (2019-2028) ($MN)           
14 Global High Speed Steel (HSS) Tools Market Outlook, By Taper Pipe Taps (2019-2028) ($MN)           
15 Global High Speed Steel (HSS) Tools Market Outlook, By Mills (2019-2028) ($MN)           
16 Global High Speed Steel (HSS) Tools Market Outlook, By Threaded Mills (2019-2028) ($MN)           
17 Global High Speed Steel (HSS) Tools Market Outlook, By Hollow Mills (2019-2028) ($MN)           
18 Global High Speed Steel (HSS) Tools Market Outlook, By End Mills (2019-2028) ($MN)           
19 Global High Speed Steel (HSS) Tools Market Outlook, By Countersinks (2019-2028) ($MN)           
20 Global High Speed Steel (HSS) Tools Market Outlook, By Deburring Countersinks (2019-2028) ($MN)           
21 Global High Speed Steel (HSS) Tools Market Outlook, By Single Flute Based (2019-2028) ($MN)           
22 Global High Speed Steel (HSS) Tools Market Outlook, By Three Flute Based (2019-2028) ($MN)            
23 Global High Speed Steel (HSS) Tools Market Outlook, By Drills (2019-2028) ($MN)           
24 Global High Speed Steel (HSS) Tools Market Outlook, By Aircraft Extension Drills (2019-2028) ($MN)           
25 Global High Speed Steel (HSS) Tools Market Outlook, By Central Drills (2019-2028) ($MN)           
26 Global High Speed Steel (HSS) Tools Market Outlook, By Double Ended Body Drill (2019-2028) ($MN)           
27 Global High Speed Steel (HSS) Tools Market Outlook, By Extra Length Drill (2019-2028) ($MN)           
28 Global High Speed Steel (HSS) Tools Market Outlook, By Parallel Shank Drills (2019-2028) ($MN)           
29 Global High Speed Steel (HSS) Tools Market Outlook, By Sheet Drill (2019-2028) ($MN)           
30 Global High Speed Steel (HSS) Tools Market Outlook, By Slot Drills (2019-2028) ($MN)           
31 Global High Speed Steel (HSS) Tools Market Outlook, By Slow Helix (2019-2028) ($MN)           
32 Global High Speed Steel (HSS) Tools Market Outlook, By Spade Drills (2019-2028) ($MN)           
33 Global High Speed Steel (HSS) Tools Market Outlook, By Spiral Drill (2019-2028) ($MN)           
34 Global High Speed Steel (HSS) Tools Market Outlook, By Spot Drills (2019-2028) ($MN)           
35 Global High Speed Steel (HSS) Tools Market Outlook, By Step Drills (2019-2028) ($MN)           
36 Global High Speed Steel (HSS) Tools Market Outlook, By Straight Flute Drill (2019-2028) ($MN)           
37 Global High Speed Steel (HSS) Tools Market Outlook, By Straight Shank Drills (2019-2028) ($MN)           
38 Global High Speed Steel (HSS) Tools Market Outlook, By Taper Pin Drills (2019-2028) ($MN)           
39 Global High Speed Steel (HSS) Tools Market Outlook, By Taper Shank Drills (2019-2028) ($MN)           
40 Global High Speed Steel (HSS) Tools Market Outlook, By Worm Pattern Drills (2019-2028) ($MN)           
41 Global High Speed Steel (HSS) Tools Market Outlook, By Cutters (2019-2028) ($MN)           
42 Global High Speed Steel (HSS) Tools Market Outlook, By Annular Cutter (2019-2028) ($MN)           
43 Global High Speed Steel (HSS) Tools Market Outlook, By Back Spot Face Cutters (2019-2028) ($MN)           
44 Global High Speed Steel (HSS) Tools Market Outlook, By Corner Rounding Cutter (2019-2028) ($MN)            
45 Global High Speed Steel (HSS) Tools Market Outlook, By Dovetail Cutter (2019-2028) ($MN)           
46 Global High Speed Steel (HSS) Tools Market Outlook, By Routing Cutters (2019-2028) ($MN)           
47 Global High Speed Steel (HSS) Tools Market Outlook, By Single Flute Deburring Cutter (2019-2028) ($MN)           
48 Global High Speed Steel (HSS) Tools Market Outlook, By Slot Cutters (2019-2028) ($MN)           
49 Global High Speed Steel (HSS) Tools Market Outlook, By Woodruff Cutters (2019-2028) ($MN)           
50 Global High Speed Steel (HSS) Tools Market Outlook, By Reamers (2019-2028) ($MN)           
51 Global High Speed Steel (HSS) Tools Market Outlook, By Angle Reamer (2019-2028) ($MN)           
52 Global High Speed Steel (HSS) Tools Market Outlook, By Ball Pin Reamers (2019-2028) ($MN)           
53 Global High Speed Steel (HSS) Tools Market Outlook, By Chucking Reamers (2019-2028) ($MN)           
54 Global High Speed Steel (HSS) Tools Market Outlook, By Diemaker Based Reamers (2019-2028) ($MN)           
55 Global High Speed Steel (HSS) Tools Market Outlook, By Drill Reamers (2019-2028) ($MN)           
56 Global High Speed Steel (HSS) Tools Market Outlook, By Extra Length Reamers (2019-2028) ($MN)           
57 Global High Speed Steel (HSS) Tools Market Outlook, By Socket Reamers (2019-2028) ($MN)           
58 Global High Speed Steel (HSS) Tools Market Outlook, By Sprue Bush Reamers (2019-2028) ($MN)           
59 Global High Speed Steel (HSS) Tools Market Outlook, By Taper Shank Bridge Reamer (2019-2028) ($MN)           
60 Global High Speed Steel (HSS) Tools Market Outlook, By Drill Blanks and Sets (2019-2028) ($MN)           
61 Global High Speed Steel (HSS) Tools Market Outlook, By Square Tool Bits (2019-2028) ($MN)           
62 Global High Speed Steel (HSS) Tools Market Outlook, By Counterbores (2019-2028) ($MN)           
63 Global High Speed Steel (HSS) Tools Market Outlook, By Round Bits (2019-2028) ($MN)           
64 Global High Speed Steel (HSS) Tools Market Outlook, By Rotary Burrs (2019-2028) ($MN)           
65 Global High Speed Steel (HSS) Tools Market Outlook, By Hole Saws (2019-2028) ($MN)           
66 Global High Speed Steel (HSS) Tools Market Outlook, By Configuration (2019-2028) ($MN)            
67 Global High Speed Steel (HSS) Tools Market Outlook, By Machine Based (2019-2028) ($MN)           
68 Global High Speed Steel (HSS) Tools Market Outlook, By Hand Based (2019-2028) ($MN)           
69 Global High Speed Steel (HSS) Tools Market Outlook, By End User (2019-2028) ($MN)           
70 Global High Speed Steel (HSS) Tools Market Outlook, By Metal Fabrication (2019-2028) ($MN)           
71 Global High Speed Steel (HSS) Tools Market Outlook, By Automotive and Transportation (2019-2028) ($MN)           
72 Global High Speed Steel (HSS) Tools Market Outlook, By Aerospace (2019-2028) ($MN)           
73 Global High Speed Steel (HSS) Tools Market Outlook, By Marine (2019-2028) ($MN)           
74 Global High Speed Steel (HSS) Tools Market Outlook, By Automotive (2019-2028) ($MN)           
75 Global High Speed Steel (HSS) Tools Market Outlook, By Railways (2019-2028) ($MN)           
76 Global High Speed Steel (HSS) Tools Market Outlook, By Heavy Machinery (2019-2028) ($MN)           
77 Global High Speed Steel (HSS) Tools Market Outlook, By Construction (2019-2028) ($MN)           
78 Global High Speed Steel (HSS) Tools Market Outlook, By Furniture & Carpentry (2019-2028) ($MN)           
79 Global High Speed Steel (HSS) Tools Market Outlook, By Oil & Gas (2019-2028) ($MN)           
80 Global High Speed Steel (HSS) Tools Market Outlook, By Do It Yourself (DIY) (2019-2028) ($MN)           
81 Global High Speed Steel (HSS) Tools Market Outlook, By Other Manufacturing (2019-2028) ($MN)            
            
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.           

In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

Select License Type

Allows one person to have access to the ordered product.The ordered product cannot be distributed to anyone else.
Allows the ordered product to be shared among a maximum of 5 people within your organisation.
Allows the product to be shared among all employees of your organisation at one particular location.
Allows the product to be shared among all employees of your organisation regardless of their geographical location.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials